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Please show all work with explanations. Assume that you have a box with an equal number...

Please show all work with explanations.

Assume that you have a box with an equal number of $4, $6, $8 chips.

  • a. Find the population mean and the standard deviation.
  • b. Taking samples of size n = 2, find the mean of the sample means and the standard deviation of the sample means.
  • c. Explain the relationships between the different means and the different standard deviations.
  • d. Above what value is the top 15.87% of the sample means?
  • e. Between what two values is the middle 68.26% of the data?
Math   Statistics-And-Probability   
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